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Germany to hold onto Commerzbank stake
Germany to Keep Commerzbank Shares After UniCredit Takes Stake
The government said it won’t offload any additional shares in the bank following the sale to UniCredit for €702 million. The move marks an U-turn for the government.
Germany to hold onto Commerzbank stake as lender aims for independence
Germany will not sell any more shares in Commerzbank for now and the bank's strategy is "geared towards independence," the country's Finance Agency said on Friday, in the clearest sign yet that the government doesn't currently favour a takeover of the nation's No.
German Government Won’t Sell More Commerzbank Shares for Now
The German government has decided not to sell any more shares in Commerzbank AG for the time being. “At its meeting on Sept. 20, the interministerial steering committee responsible for key decisions of the Financial Market Stabilisation Fund decided that the FMS will not,
20h
Germany Halts Commerzbank Share Sales to Block Any UniCredit Bid
The German government won’t sell any more shares in Commerzbank AG for now, the strongest signal yet that Berlin is opposed ...
2d
UniCredit has Germany's trust, won't go hostile on Commerzbank, CEO says
UniCredit was able to buy 4.5% of Commerzbank from the German state because the government trusts the Italian bank, its CEO ...
2d
Berlin ‘very sceptical’ about UniCredit move on Commerzbank
Another person with direct knowledge of the matter said UniCredit’s “assault” on Commerzbank was perceived in Berlin as an ...
20h
Gobierno alemán no venderá más acciones de Commerzbank por ahora
El gobierno alemán decidió no vender más acciones de Commerzbank AG por el momento. “En su reunión del 20 de septiembre, el ...
1d
Commerzbank Reverse Takeover Option Could Address Some Issues -- Market Talk
A reverse takeover of Commerzbank, through which it would buy UniCredit's German unit HypoVereinsbank--making the Italian lender its largest shareholder--would tick a number of boxes, RBC Capital ...
GlobalCapital
1d
Deutsche should not be a dog in the Commerzbank manger
UniCredit’s raid to buy 9% of Commerzbank gives Deutsche three choices — all unattractive. But one is clearly less bad than ...
1d
Commerzbank Labor Representative Sees Two-Thirds of Jobs at Risk
Commerzbank AG’s labor representatives are “bitterly determined” to prevent a merger with Italian rival UniCredit SpA, ...
1d
Commerzbank Stake Sale Drives Another Wedge in Scholz Coalition
The German government’s decision to offload about a quarter of its holding in Commerzbank AG is driving another wedge into ...
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Germany
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Italy
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